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Dec 6, 2012
12/12
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this look, obama recommended or proposed cutting the defense department and he was attacked viciously by republics. so, the idea that like he never suggest cuts is kind of absurd. >> bill: do you really think barack obama wants meaningful cuts in government? really? really? >> as much as republicans do. look, he got attacked all through the campaign for cutting medicare, right? so the people who claim that they want all these cuts, what do they do? they attack the president when he proposes cuts and they refuse to put anything specific on their proposal. what they sent back was just a number. >> bill: all right. okay. i got it. i got it. i got it. i'm just tired of this whole business. i think we should cut 10% across the board and then, you know, keep taxes the way they are and try to stimulate the economy by the private sector. plenty more ahead as the factor moves along this evening. >> i will tell diane. >> bill: charlie brown thrown under the bus by a church pastor in arkansas. how could this possibly happen in america? tell you what's going on. also, dennis miller having to deal
this look, obama recommended or proposed cutting the defense department and he was attacked viciously by republics. so, the idea that like he never suggest cuts is kind of absurd. >> bill: do you really think barack obama wants meaningful cuts in government? really? really? >> as much as republicans do. look, he got attacked all through the campaign for cutting medicare, right? so the people who claim that they want all these cuts, what do they do? they attack the president when he...
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Dec 10, 2012
12/12
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all with spending cuts and expiring tax credits. today, president obama pushed his proposed fix saying a deal must include higher tax rates. republicans say that is a job killer. they is said that forever. they let go of that, meeting at the white house yesterday. neither side will give any details about the conversation between president obama and speaker boehner. wendell, is there any time left to get this done? >>reporter: well, folks think there is time for enough of a deal but stopped short of a fiscal cliff but some think that has to happen this week. at a daimler truck stop the president didn't mention the upper income tax hike he is demanding but warned what will happen if congress doesn't extend the middle-class tax cuts both sides want. >> people will spend nearly $200 billion less than otherwise they would spend. consumer spending will go down. that means you have less customers, businesses get fewer profits, they hire fewer workers, you go in a downward spiral. wrong idea. >>reporter: the president criticized the right-t
all with spending cuts and expiring tax credits. today, president obama pushed his proposed fix saying a deal must include higher tax rates. republicans say that is a job killer. they is said that forever. they let go of that, meeting at the white house yesterday. neither side will give any details about the conversation between president obama and speaker boehner. wendell, is there any time left to get this done? >>reporter: well, folks think there is time for enough of a deal but...
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Dec 9, 2012
12/12
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boehner has yet to sit down with president obama or treasury secretary geithner. boehner said he would accept new revenue but the president insists there's no deal without higher tax rates on the wealthy. in his radio address yesterday he said he's willing to work with republicans to hammer out a plan he says would give both sides some of what they want. meantime, of course, the clock is ticking. >> it is, we're watching, steve. thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion has been about raising taxes and no discussion about reducing the amount -- the outgo. >> let's start there. if we stopped overspending, what would it take for th
boehner has yet to sit down with president obama or treasury secretary geithner. boehner said he would accept new revenue but the president insists there's no deal without higher tax rates on the wealthy. in his radio address yesterday he said he's willing to work with republicans to hammer out a plan he says would give both sides some of what they want. meantime, of course, the clock is ticking. >> it is, we're watching, steve. thank you very much. >>> much of the conversation...
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Dec 10, 2012
12/12
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i hope boehner and obama can find a way to avoid the initial effects of the fiscal cliff. but in february or march you have to raise the debt ceiling. i can tell you this, there is a hardening on the republican side. we're not going to raise the debt ceiling. we're not going to let obama borrow anymore money or any american congress borrow anymore money until with fix this country from becoming greece. that requires significant entitlement reform to save social from bankruptcy and medicare from bankruptcy. social security is going bankrupt in about 20, 25 years. medicare is going bankrupt in 15 or 20 years. the baby boomers are coming in at 10,000 a day. and we just can't scene this. martha: president last week said we'll not play that game. last time around they wouldn't let the debt ceiling go up, i tell you right now, something to this effect we will play that game. >> we will play that game, mr. president. that is not a game. the game you're play something small ball. you're talking about raising rates on top 2% that would run the government for 11 days. you got reelec
i hope boehner and obama can find a way to avoid the initial effects of the fiscal cliff. but in february or march you have to raise the debt ceiling. i can tell you this, there is a hardening on the republican side. we're not going to raise the debt ceiling. we're not going to let obama borrow anymore money or any american congress borrow anymore money until with fix this country from becoming greece. that requires significant entitlement reform to save social from bankruptcy and medicare from...
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Dec 10, 2012
12/12
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speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlements. >> if speaker john boehner ends up with senator corker has just said he is we will get a large agreement. but speaker john boehner hasn't said that, and so we democrats realize that there have to be two sides to this bargain. jon: special report anchor bret baier joins us now in washington. if people like senator corker say the tax increases would be okay with them on the highs income earners in this country it seems that that is bound to be part of the deal that transpires here. >> reporter: jon, senator cork eris not in the house corkerre
speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top...